Concentration Reserve definition
Examples of Concentration Reserve in a sentence
Projected Monthly ▇▇▇▇▇▇▇▇ - Ninety percent (90%) of the sum of -------------------------- Projected Weekly ▇▇▇▇▇▇▇▇ for and only for the then current calendar month, minus the Concentration Reserve.
The Manager shall separately account for the Concentration Reserve Amount apart from other amounts held in the Concentration Accounts, and no part of the Concentration Reserve Amount shall be deemed to constitute Collections (or included in any calculation that includes amounts on deposit in the Concentration Accounts).
The Concentration Reserve Amount shall initially be funded on the Closing Date and thereafter may be funded with proceeds of the Residual Amount or capital contributions (but in no event directly from Retained Collections).
The inclusion of the Contract in --------------------------------- the Contract Pool will not result in an Excess Concentration Reserve.